News

Inflation data threatened by government hiring freeze as tariffs loom
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
How tariffs play with inflation expectations
As early signs emerge that tariffs will drive up prices, the US Federal Reserve (Fed) faces a crucial question: Will ...
Inflation slides to 1.9% in Europe, as worries shift from prices to Trump and tariffs
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...
Key U.S inflation gauge shows price growth cooled in April with little sign of tariff impact
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Swedish flash inflation below forecast, strengthens rate cut hopes
Swedish inflation came in below forecasts in May, flash figures showed on Thursday, raising hopes that the central bank will ...
Bank of Canada Holds Rate Steady as Economy Softens, Inflation Accelerates
The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and ...
April Inflation Milder Than Expected As Tariff Impact Still Muted
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
4 Major Questions Are Lingering About Tariff-Related Inflation
Key Takeaways Tariffs' effects haven't shown up in official inflation measures yet, but retailers have said they are raising ...